What are the benefits of PLM software?

I've been using PDXpert for 8 months and it has really helped our
engineering and operations organizations get our item master, bills of
materials and engineering documentation under control.

The benefits of PLM are proven: A US medical device manufacturer cut
their ECN process from 33 days to only 5 days. A European gas appliance
manufacturer saw a 75% improvement in time-to-market. Would faster change processing
add value in your company?